£299,107
This estimated value is based upon the latest sale price for the house of £130,000 on 8 Aug 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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46-50 High Street, Sutton, SM1 1HY
Phone: 02080220908
Price Paid | Date |
---|---|
£130,000 | 8 Aug 2003 |
£120,000 | 29 May 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in August 2003 the House Price Index for GREATER LONDON was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £130,000 results in an estimated price of approximately £299,107.
8 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.6 | 148.6 | 130.083 % | £130,000 | £169,107 | £299,107 |
The Postcode Pricing Model uses changes in average sales price within the SM1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 94.978 % | £123,471 | £253,471 |
3 Month Average | 110.210 % | £143,272 | £273,272 |
6 Month Average | 111.830 % | £145,378 | £275,378 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £335,877 | £330,000 | THE FIRST FLOOR FLAT AT 56 SHERWOOD PARK ROAD |
28 Jul 2023 | £283,820 | £280,000 | 38 MARIAN COURT ROBIN HOOD LANE |
28 Jul 2023 | £316,763 | £312,500 | 25 MARIAN COURT ROBIN HOOD LANE |
27 Jan 2023 | £235,889 | £237,000 | 6 MARIAN COURT ROBIN HOOD LANE |
27 Oct 2022 | £484,780 | £490,000 | 14 RUSSELL WAY |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 11 Jun 2019. Using an estimated price of £299,108 means this house is valued at £5,643 per sq meter (£524 per sq foot).
The average size of a house on SHERWOOD PARK ROAD is 70 sq meters (759 sq feet).